I almost didn’t believe the number when I saw it: Japanese exports plunged by 26.7% in November.
Exports to the U.S. were even worse: exports to the U.S. dropped by 34%.
Related Posts
- Japanese exports fall (07/24/08)
- India exports drop again (02/04/09)
- Taiwan exports drop…again (10/11/09)
- Obama to visit Asia in November (10/07/09)
- Chinese CPI rises by 0.6% in November (12/11/09)
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One more thing on Dee Kenimer’s comment: Expect the oil crunch to MASSIVELY impact the prices and availability of rubber products, especially tires. They require a substance called Butadiene (BD for short). This product, produced
in decades past by the tire companies, is now contracted out. However, today it is not a major revenue product for the refineries. Therefore, they are not producing much of it. This is creating pretty big shortages for the tire companies. Any ideas on
how to invest in that (other than just puts on Goodyear, etc.)?
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